Conscious Asset

Excluding primary practices that still prevail in most industrial companies, the evolution of MRO Materials Management Technology can be summarized in three technological waves, as shown below. [Read more…]

Here are a couple of curious observations:

1. End users and providers of ERPs (enterprise management systems) are often technologically very backward in this specialty of managing MRO supplies.
2. There are but a handful of specialists (experts) in this field who have developed any sort of advanced technological solutions, yet they remain somewhat obscure.

Whilst there is considerable knowledge and expertise available it does not seem to get far beyond those specialists. [Read more…]

Most of us would agree that there is a new global economy being forged in the manufacturing sector today. Inevitably, this translates to a renewed focus on transferring more business value to the customer. Driving value in maintenance translates to high reliability and central to this will be linking RCM (Reliability Centered Maintenance) facilitation with effective maintenance program implementations. [Read more…]

A lot of attention is going to Infrastructure and its renewal. Here in Canada the recently elected Federal Government is about to spend over $100 billion on “shovel ready and shovel worthy” projects. At the municipal level alone (where we “own” about 60% of Canada’s infrastructure), some $123 billion is needed for catching up on deterioration that’s been allowed to accumulate since the 1950’s. That doesn’t take into account needs for growth. I recently attended a conference and listened to a well-regarded key-note speaker who placed our overall spending needs on infrastructure (all levels of government) nearer to $1 Trillion! The number is huge – no matter what it is. [Read more…]

Conventional consulting approaches begin with assessments to determine your current state of affairs, judge what’s good and bad about it, give it a score, provide a long list of recommendations and then build an improvement strategy based on the outcome.

Strategy development is normally carried out by a select leadership team and then the change is rolled out to lower levels in the organization. This approach has served well for a long time and it is at the outset of almost any major consulting engagement. It is useful when comparing sites among each other, but is there some sort of award for being best? Usually not. [Read more…]

Most of my firm’s clients are in the private sector but occasionally we do some public sector work. We usually notice a number of distinct differences in practices and in what motivates those practices. It would be nice to say that one can learn a lot from the other, but in truth, both can learn a lot from each other.

I thought it might be useful to compare and contrast the two sectors (based on personal observations) and then propose an idea for learning from each other. [Read more…]

Good physical asset management is about making sure our physical assets do what we want them to do at optimum operating cost and tolerable levels of risk to safety, our environment and to your business.

Managing physical assets to achieve that in an industrial setting involves much more than simply buying and running a piece of equipment. [Read more…]

When it comes to information, entertainment, finding your way around and communications these days, we more or less literally have it all at our fingertips and available to us just about anywhere. We can even order and pay for coffee to pick up on our way from the commuter train to the office – no line ups for delays. We can book hotels, airlines and rental cars at the touch of our fingers with apps that show us the cheapest options. [Read more…]

This is the second blog in a two-part series that explain how to present Capital Asset Management and Maintenance Improvement programs to the various decision groups who speak different “languages”. Your finance people speak in terms of revenue, costs, return on investments. They see things as figures and financial statements. Somehow they need to translate your operational or functional benefits into dollars in order to truly support your ideas. [Read more…]

Why are business cases so challenging? Improvement programs in Maintenance or Capital Asset Management can be incredibly difficult to “sell” to managers and executives. Even where there is a high level of dependency on physical assets and poor performance, making improvements is a tough sell. [Read more…]

Putting the Framework to work – steps 3 and 4

By James Reyes-Picknell & Uri Wittenberg

3. Planning

It is vital to get Planning right, so it will take some time to execute. This is where some of the philosophies, concepts and tools, conveyed during the Awareness portion in concert with past knowledge and experiences, will help assemble the overall implementation project plan with all its pieces. It should consider cross-functional daily interaction between all areas in the organization vital to the successful operation of all business essentials. [Read more…]

Putting the framework to work – steps 1 and 2

By: James Reyes-Picknell & Uri Wittenberg. The Four Sustainability Stages of the Conscious Asset Framework™ comprise 3 building blocks each. Each of these blocks will be reviewed and customized to fit each individual organization’s unique needs.

Let’s take a closer and more detailed look at each of the four stages and their elements. [Read more…]

Building a successful and sustained asset management program

Putting the Framework to Work

By: James Reyes-Picknell & Uri Wittenberg. In figure 2 below, it should be clear that The Conscious Asset Framework™ is general in nature. It is what we want to achieve but how do we get there?

Few of us are fans of cookie-cutter, one-size-fits-all, approaches and methodologies. They just don’t work without some sort of tailoring. Some consulting firms have rigid approaches and they won’t vary from them. Others claim to have no approach, but in reality most simply haven’t taken the time to articulate one. Most, including many “experts”, do use some guiding methodology or model even if they can’t (or won’t) describe it clearly. [Read more…]

Building a successful and sustained asset management program

Part 1 – setting up the framework

By: James Reyes-Picknell & Uri Wittenberg. Many companies struggle with improvement efforts of all sorts. The ISO standards on Asset Management have sparked a great deal of interest that goes beyond just the maintenance and engineering communities.

CFOs understand the potential benefits of good asset care and good life cycle asset decisions – they want the financial performance, improved revenues from dependable production capacity, reductions in CAPEX and OPEX from higher reliability, increased standardization and design for maintainability as well as operability. [Read more…]